Read the latest surveying industry news and keep up with developments within RICS.
Showing 1 - 25 of 46 results
20 Jun 2018
The BCIS Online featured project for June 2018, submitted by The Department of Health & Social Care (DHSC), is the recently completed £17million Children's, Young People and Perinatal Mothers’ Hub in Woodthorpe, Nottingham.
16 May 2018
The BCIS Online featured project for May 2018, submitted by Potter Raper Partnership, is the recently tendered £19.4m Mountview Academy of Theatre Arts in Peckham, South London.
14 May 2018
BCIS provides a ready source of data when establishing the replacement cost of a building for calculating a contractor's basis of valuation for rating purposes.
20 Apr 2018
Of the most recent projects* analysed by BCIS and published on the BCIS online service, 42% were for private clients and 58% for the public sector.
19 Jun 2018
BCIS data and services can be used to assist surveyors in carrying out reinstatement cost assessments (RCA) for insurance purposes.
18 Apr 2018
The BCIS five-year forecast for the facilities management sector shows maintenance costs rising 16.5% over the next five years, while cleaning costs rise 28%.
Oil prices are an upside risk to civil engineering costs in the remainder of 2018. With President Trump's decision to pull out of the Iran nuclear deal, Brent crude oil prices have risen to US$77 per barrel from US$67 at the beginning of April 2018.
21 Jun 2018
In recent quarters, the BIS Tender Price Index of Public Sector Building Non-Housing (PUBSEC) has been producing erratic results.
30 Apr 2018
Collecting, analysing, modelling and interpreting cost data allows industry to make better informed decisions regarding projects and assets, and identify areas for improvement.
22 Mar 2018
From April 2018 the publication dates for the Price Adjustment Formulae Indices (PAFI), the General Building Cost Index (GBCI), and related series have been revised following a change to the release timetable for data from the Office for National Statistics (ONS).
The BCIS assumptions for the future of construction labour cost inflation used in our current forecasts are set out below:
06 Apr 2018
BCIS research has highlighted the decline in directly employed maintenance staff in the public sector.
16 Apr 2018
BCIS is forecasting that oil prices in construction will rise by 2% in the year to Q4 2018, then by 3% per annum over the remainder of the forecast period. Oil prices are sensitive to political issues, particularly in the Middle East, which could put sudden upward pressure on prices. Consequently, oil prices are one of the biggest risks to the forecast.
27 Jun 2018
RICS’ Data Services team has been appointed by Eurostat, the statistical office of the European Union, to produce construction price level indicators across Europe for 2019 and 2020. The project will be led by Aaron Wright, RICS Head of International Data.
BCIS has been working with the specialist valuation team at Ecclesiastical Insurance Group Plc, to create the Ecclesiastical Heritage Index (EHI).
05 Apr 2018
Housebuilders’ costs rose 4% in the year to 4Q2017 according to the BCIS Private Housing Construction Price Index (PHCPI).
25 Jun 2018
Housebuilders’ costs rose 3.4% in the year to Q1 2018, according to the BCIS Private Housing Construction Price Index (PHCPI).
15 May 2018
The BCIS All-in Tender Price Index (TPI) for 3rd quarter 2017 has been revised downwards to 313 based on an improved sample. The figure for the 4th quarter is 322. The annual change for 2017 (4Q16–4Q17) now stands at 13.4%.
18 May 2018
The value of Sterling against other currencies affects construction costs in a variety of ways.
Susan Mason, 14 Jun 2018
The vacuum in Executive decision-making in Northern Ireland is creating a backlog of delayed infrastructure projects.
17 Apr 2018
When using BCIS or any published indices it is important to understand how they are calculated. Most of the indices on the BCIS online database have detailed notes and definitions describing their calculation.
21 Feb 2018
The BCIS Online featured project for February 2018, submitted by Gleeds, is the recently tendered £233,742,823 Specialist and critical care centre in Llanfrechfa, Cwmbran.
16 Mar 2018
Tender prices rose sharply in the first half of 2017, but are expected to fall over the year to Q4 2018. This is against a background of new work output remaining static in 2018, and uncertainty about the effect of Brexit negotiations in the private commercial sector.
© RICS 2018
© RICS 2018